Financial Reporting III

Choose two concepts (Consolidations and Partnership) you have learned in this course and explain how you may use them in a future accounting position. Make sure you provide details to include how each concept will help you support the financial goals of the company you currently work for or will work for in the future.

• Consolidations:
  • Subsequent to the Date of Acquisition
  • Ownership Patterns and Taxes
• Partnership:
  • Formation and Operation
  • Termination and Liquidation

In your reflection, include at least one current scholarly article about each concept you have chosen. Research the Shapiro Library for current peer-reviewed articles (within the last five years) on your chosen topics. Then, consider the following:

• What do the authors say about the subject? Do you agree or disagree with their position?
• How does the authors view impact your understanding of the concept as it was covered in the course? What are the ethical implications of how these concepts are used?